Before delving further into why digital giants will self-disrupt, it’s important to understand the types of companies which fit within this avatar. Top digital giants include companies such as Microsoft, Google, Apple, Amazon, Facebook, Tencent, Baidu and Alibaba.

The relationship between technology and banking is rapidly expanding. The number of mobile banking users is forecast to double in 4 years to 1.8 billion users, which equates to over a quarter of the earth’s population.

Big data is a term to describe the large amounts of data traveling into an enterprise day upon day. However, it isn’t the volume of data which is important. It’s what organisations do with the data which truly gives value to a business.